Affiliated Companies and Participating Interests
Bayerngas Energy Trading GmbH
Independent Natural gas trading company (100% owned
Objectives: Price hedging, portfolio management, trading OTC/hubs, Balancing group management, development of new products.
Independent network operator (100% owned by Bayerngas). Objectives: Efficient operation of the approximately 1,300 km long high pressure pipeline network in South Bavaria and marketing of the corresponding network capacities. bayernets GmbH is shareholder of NetConnect Germany (NCG). Website: www.bayernets.de
Upstream company in Norway (31.5% Bayerngas/ 31.31% Stadtwerke München GmbH/ 30.11%
SWM Gasbeteiligungs GmbH & Co. KG/ 3.75% TIGAS-Erdgas Tirol/ 3.33% Swissgas).
Objectives: Acquisition of interests in gas discoveries and licences, analysis of marketing and transportation opportunities.
Technical service company for natural gas facilities (ownership 50% Bayerngas/50% Schandl GmbH). Objectives: Maintenance, servicing, operating and constructing gas networks and installations as well as organising training courses in line with the rules and regulations issued by the DVGW. Website: www.bayernservices.de
Municipal natural gas procurement platform for public utilities (70% Bayerngas GmbH/ 30% Gelsenwasser AG). Objectives: Creating new business opportunities, particularly procurement alternatives, mid/upstream investments, access to trading markets and expansion of expertise. Website: www.novogate.de
In addition, Bayerngas holds interests in GasLINE and erdgas mobil.